Sapien's Falcon product that is used as part of the solution to the Y2K
problem is not limited just to solve the Y2K problems. The tool converts
the mainframe assembly code (either as pure assembly code or as an
intermediate assembly code obtained from a 3GL such as COBOL) to pure C.
Once the code is converted to C any Y2K changes can be made either by the
MIS or Sapiens consultants. This function of the Falcon product is a pure
gold in my opinion and I just hope Sapiens' R&D and marketing
realize this (and I think they may have already), and do not screw up
like in the past!
The ability to convert mainframe assembly code into C provides
a much greater valuable potential for Sapiens beyond Y2K, and that is
software componization of mainframe applications. This has 2 implications:
First of all they can become internet/intranet aware, and secondly they can be
used as independent pieces of software entities with other software
applications/components. Basically, once the legacy old COBOL code is traanslated
into C, the same code can be encapsulated as ActiveX/COM (Microsoft's Component
technology), and as a result can also be exposed as Java Beans. The result
will be the reusage of legacy ugly COBOL applications as modern
software components that can easily become Web aware, and/or used as
components to other software applications.
Furthermore with the new Java Open standards advocated by Sun Microsystems
which calls for a new computing model becoming known as thin client
architecture, software components can be put together in such a way that
most of the computing is done on a cluster of servers and thin client
machines (NCs, Digital/Web TVs, NetPCs, PCs, etc.) can run applications
without requiring much computing done on the client side. Sapiens is in
a great position to capitalize on the concept and take the full advantage
of their Falcon product and market that along with their Object Pool
technology as means for making old legacy mainframe software applications
to have Web/Internet, and thin client architectural infrastructure.
If Sapiens marketing and sales can pull this off, we are looking at a $80/shr stock!
After being a SPNSF share holder for over 3 1/2 years of agonizing pain
maybe the time has come to be rewarded. But I just hope Sapiens marketing
and sales dont goof around this time. And I think they have learned
their lessons and mistakes of the past. Hoping for a great 1997 for
Sapiens International Corporation.
Regards,
Addi Jamshidi |
